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Simple and Compound Interest

Simple and Compound Interest

EasyAptitude0% accepted

Solve SI and CI problems: Rs 10000 at 10% p.a. for 3 years. Find SI vs CI. Find rate when CI-SI difference is given. Solve problems involving half-yearly and quarterly compounding.

Approach

Calculate SI and CI; find differences and rate problems.

Input

P=10000, R=10%, T=3 years

Output

SI=3000; CI=3310; difference=310

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